Speculation that DaimlerChrysler might sell its Chrysler Group (which lost $1.5 billion in the third quarter of 2006) mounted after Chief Financial Officer Bobo Uedder gave vague answer to analysts in a recent conference call who asked if it could be sold off.

In reaction, DaimlerChrysler said in a news release that it "reaffirms its previous statements made to the media that there are no plans to sell Chrysler Group. During today's third-quarter earnings analyst/media conference call, the company appropriately chose not to add to the speculation regarding this topic. However, the resulting coverage and comments made it clear that this 'not-for-sale' statement needed to be reaffirmed."